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Blog, News, Income Tax

May 4, 2022

Compensation to son for giving up rights in father’s properties from mother non-taxable u/s 45: ITAT

Case Details: K. V. Sridhar … Continue reading “Compensation to son for giving up rights in father’s properties from mother non-taxable u/s 45: ITAT”

News, Blog, Income Tax

May 4, 2022

Penalty to be classified as concealed income or for furnishing inaccurate particulars: ITAT

Case Details: ACIL Ltd. v. … Continue reading “Penalty to be classified as concealed income or for furnishing inaccurate particulars: ITAT”

Blog, News, FEMA & Banking

May 4, 2022

Power of attorney executed with assignment deed under SARFAESI Act wasn’t liable for separate stamp duty: SC

Case Details: Asset Reconstruction Co. … Continue reading “Power of attorney executed with assignment deed under SARFAESI Act wasn’t liable for separate stamp duty: SC”

Blog, News, Competition Law

May 4, 2022

No case made out u/s 3 or 4 on ‘Sppin India’ due to low e-commerce market prominence: CCI

Case Details: Vaibhav Mishra. v. … Continue reading “No case made out u/s 3 or 4 on ‘Sppin India’ due to low e-commerce market prominence: CCI”

Blog, News, Company Law

May 4, 2022

SEBI revises audit framework of Market Infrastructure Institutions (MIIs)

CIRCULAR No. SEBI/HO/MRD1/MRD1_DTCS/P/CIR/2022/58, dated 02.05.2022 … Continue reading “SEBI revises audit framework of Market Infrastructure Institutions (MIIs)”

Blog, News, GST & Customs

May 3, 2022

GST Revenue collections for April 2022 are highest ever at Rs. 1.68 lakh crores

Press Release Dated May 1st, … Continue reading “GST Revenue collections for April 2022 are highest ever at Rs. 1.68 lakh crores”

Blog, News, GST & Customs

May 3, 2022

DGFT revises import policy of several items falling under tariff head 7112 from free to restricted

Notification No. 01/2015-2020 Dated April … Continue reading “DGFT revises import policy of several items falling under tariff head 7112 from free to restricted”

News, Blog, GST & Customs

May 3, 2022

India-UAE Comprehensive Economic Partnership Agreement (CEPA) enforced w.e.f May 1st, 2022

Press Release Dated May 1st, … Continue reading “India-UAE Comprehensive Economic Partnership Agreement (CEPA) enforced w.e.f May 1st, 2022”

Blog, News, GST & Customs

May 3, 2022

Customs Tariff (Origin of Goods under CEPA between India and UAE) Rules, 2022 notified

Notification No. 39/2022-Customs (N.T.) dated … Continue reading “Customs Tariff (Origin of Goods under CEPA between India and UAE) Rules, 2022 notified”

Blog, News, Income Tax

May 3, 2022

Sec. 54 relief applicable even if description of property was mentioned as ‘land’ in sale deed: ITAT

Case Details: Charu Agarwal v. … Continue reading “Sec. 54 relief applicable even if description of property was mentioned as ‘land’ in sale deed: ITAT”